Resigning Administrative Agent definition

Resigning Administrative Agent has the meaning set forth in Article IX.
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Resigning Administrative Agent means Credit Suisse, Cayman Islands Branch, as Administrative Agent under the Existing Credit Agreement.
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Resigning Administrative Agent means Bank One.
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Examples of Resigning Administrative Agent in a sentence

  • After the Resigning Administrative Agent’s resignation hereunder, the provisions of this Article and Section 10.03 shall continue in effect for the benefit of the Resigning Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while it was acting as an Administrative Agent.

  • The fees payable by the Company to the Replacement Administrative Agent shall be the same as those payable to the Resigning Administrative Agent unless otherwise agreed between the Company and the Replacement Administrative Agent.

  • If within 30 days after the Resigning Administrative Agent gives notice of its resignation, neither the Borrower (nor, if applicable, the Required Lenders) nor the Administrative Agent have appointed a Replacement Administrative Agent, the Required Lenders shall be deemed to have succeeded to and become vested with all the rights, powers, privileges and duties of the Resigning Administrative Agent and the Resigning Administrative Agent shall be discharged from its duties and obligations hereunder.

  • Upon the acceptance of its appointment as an Administrative Agent hereunder by the Replacement Administrative Agent, the Replacement Administrative Agent shall succeed to and become vested with all the rights, powers, privileges and duties of the Resigning Administrative Agent, and the Resigning Administrative Agent shall be discharged from its duties and obligations hereunder.

  • If no Replacement Administrative Agent shall have been so appointed by the Company (or, if applicable, the Required Lenders) and shall have accepted such appointment within 30 days after the Resigning Administrative Agent gives notice of its resignation, then the Resigning Administrative Agent may (but shall not be obligated to), on behalf of the Lenders, appoint the Replacement Administrative Agent which shall be a bank with an office in New York, or an Affiliate of any such bank.


More Definitions of Resigning Administrative Agent

Resigning Administrative Agent. Royal Bank of Canada, as administrative agent under the Loan Documents immediately prior to the Amendment No. 6 Effective Date.
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Related to Resigning Administrative Agent

  • Administrative Agent as defined in the preamble hereto.

  • Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.